Valuation of Open Items - US

SAP Gurus,
Valuations of open items are done with update or with out update for US regulations.
Could some one suggest what is the valuation approach followed for country US and what is the valuation method?
your help is highly appreciated.
Thanks,
Param.

Hi
In F.05 under 'Open items' or 'G/L balances' select the type of accounts (G/L, Vendor, Customer)
Thank You,

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Valuation of open items in foreign currency

Hello,
Have an issue in using the f.05 tcode, valuation of open items in foreign currency. I created two invoices in foreign currency for the previous period and with low rate. The OB08 has been updated as well with higher rate for the foregn currency. However when I lauch F.05 program it can't find any invoice to reevaluate (list empty). Any idea why?
Thanks!
SB

Hi
In F.05 under 'Open items' or 'G/L balances' select the type of accounts (G/L, Vendor, Customer)
Thank You,

FC valuation for open items and GL items

In Foreing currcy valuation why we required to reverse the trasactions
on the next month beginning or is it optional ?
my understanding is these valuation are for open items , so items may be open for more than
one period, so every month we will realise and reverse
In FC_VAL what are monthly and yearly activity?
Edited by: barnabasjh on Jul 2, 2010 10:19 AM

Hi,
Based on the fluctuations in the foreign currencies you can run valuation at the period end or quarted end or yearly. This is also depends upon client decision.
In some clients they run monthly, in some quarterly based on the foreign currency transactions and currency fluctuations.
Regards,
Azeem

Reg Valuation of open items

Hi All,
I have been developing report regarding ageing analysis in which for all the open items i need to perform foreign currency revaluation for those documnets posted in foreign currency,i would like to know when we perform foreign currency revaluation program the valuation differences of each open item iis updating in which table.Kindlyn provide the information.
Thanks & Regards
YSR

Hi,
Behaviour of SAPF100 depends on whether you select "balance sheet preparation" flag or not.
If you do then BSEG-BDIFF field is updated. If not then the valuation is reversed again in the next period.
See the SAP notes:
87538 SAPF100 - posting system
545032 FAQ: SAPF100 Reversing "Balance Sheet Prep." Valuation Runs
The account determination is done according to customising in transaction OBA1.
Tables T030S, T030H, T030HB.
See SAP note:
548946 FAQ: SAPF100 Account Determination
Hope this helps.
Best regards,
Bairbre

Foreign Currency Valuation - GL at the time of clearing of open items

Hi experts,
We valuate the open items (Balance sheet items) in Company Code Currency without checking the reversal option.
At the time of clearing of these open items, the GL used for reversal of the valuation difference is been different.
GL mapped in OBA1:
Exch.rate diff realized
Loss/Gain: 716000
Valuation: Loss/Gain - 716001
Bal.Adj 1: 101699
Translation:
Loss/Gain: 716000
Bal.sheet adj -Loss/Gain: 716001
At the time of clearing of open items:
The entry which is getting passed for the reversal of the valuation difference is some time posted to GL: 101699 and sometime to GL 716000. The off-setting GL been Clearing GL(which is been valuated).
Could someone kindly through some light as to why the system behaving in such a way. We expect the GL at the time of reversal to be 101699.
Thanks in advance.

Hi Pradeep,
The principle of foreign currency revaluation works as follows for the open items like AR, AP and Bank Balances:
At the period end the system revaluates the open items (or balances, as the case may be) with the period end exchange rate and thus posts the difference between the original exchange rate (at the time the open item was created) and the period end rate. This could be loss or gain due to revaluation. One side of the entry is P&L (7...account) and the other side is the balance sheet (the balance sheet account typically comes from AR, AP or Bank/Cash range).
This loss or gain is not realized since at the period end the open item is still out there. When you clear the open item, the loss or gain due to the latest exchange rate is realized immediately and is posted to realized loss or gain, with an offset to the original balance sheet account.
I hope the above helps.
Sharabh

Change Open Item management for FX valuation

Hi,
We have one case here where one GL had Open item management and it was revaluated with open items using an adjustment account. It ws done for a while and the user realize that this account was needed to be revaluated with the same account.
Therefore, they remove the "open item" mark to the account and fill the "Exchange rate diff key" in the master data and set up the KDB transaction for the FX valuation without open item. But the system is still working as before, the account is revaluated with the Adjustment account instead with the same account. It seems that the change from "open item" to NON open item is not working.
Any advice?
Thanks a lot,
Adela.

Hi,
See the Note 203329 - RFSEPA02 generates FH099 alth. balance = item total
Symptom
Report RFSEPA02 generates the error message FH099: 'Line item total does not tally with account balance' although the item total tallies with the balance and SAPF190 does not show any differences.
Additional key words
RFSEPA01, FIINCON
Cause and prerequisites
Open item management has already been activated once and items were cleared so that cleared items exist in the system for the account. These are not taken into account during the check of the item total with the account balance and cause the error message.
Solution
Reset the clearing transactions using Transaction FBRA.
Thanks & Regards,
Shashi Kanth

Foreign curr reval for open items - questions - very urgent

Hi all,
Can anyone explain me the account determination for open item exchange rate difference postings?
1.     What are the accounts meant for under tab Exchange rate difference realized (Loss, Gain)
2.     What are the account meant for under tab valuation (val loss 1, val gain 1 and Bal sheet adj 1)
3.     Accounts under translation tab (Loss, Bal sheet adj loss, Gain, and Bal sheet adj gain)
Also,
When I run F.05 for open item reval
1. Do I need to run customer and vendor open items as well by selecting the customers and vendors and checking the Valuate customer open items and Valuate vendor open items? Even though I have customer and vendor recon accounts in my g/l accounts selection and checked the Valuate g/l open items box
2. We check Reverse postings with reversal period as next period (for example if reval is done for period 3 then reversal period is 4), why do we need to reverse the postings.
Your help in this regard is highly appreciated and rewarded with points.
Thanks in advance,
Kumar

Dear Kumar,
About the acct determination for transaction KDF: open item exchange rate diff:
When you revaluate i.e. run the F.05 transaction for open items any loss is posted to the Val.loss 1 and any gain is posted to the Val.loss 2 account with its offset credit or debit to the Bal.sheet adj.1 account.
Now this is a provisional recognition of the FX difference. So long as the items remains open it will be revaluated in every period and a posting will be made. Now when you finally clear this open item e.g. pay the vendor or receive pymt from customer, the system will calculate the FX gain/loss at that time once again. This is the Exchange rate gain/loss realized. Thus, the accounts used will be those under tab Exchange rate difference realized (Loss, Gain)
The Accounts under translation tab is used in the scenario where you are maintaining more than once local currency e.g. 2nd local currency as 30. In this case you would want to translate your FX valuation to this 2nd local currency.
Regarding F.05 transaction:
1. Yes you will need to check the customer/vendor and GL open items to valuate them all. Since the customer and vendor reconciliation account are tied up to AR and AP, the program does not recognize them as a pure GL account.
2. You need reversal so that tracking of your fx valuation is easy. E.g:
You have open item in EUR and your local curr is USD. Lets us say ex rate is USD:EUR is 1:1.50 and open payable item is EUR 100
Open item in EUR-----Open item in USD--
Diff
Period 1: -
100--150--
0
Period 2: fx rate 1:1.60--100160--
loss of $10
Period 3. fx rate 1:1.30--100130--
gain of $30 over period 2.
If you don't choose the reversal postings, the system will record both the loss of 10 and the gain of 30 netting to 20. However, if you choose the reversal posting, the system will reverse the $10 loss in period 3 and just take the revaluation based on the period 1's rate i.e. difference btw 150 and 130 USD i.e. $20.
I hope this explains you the concept. Thanks,
Vishal.

What is ap and ar open item revaluation

hi
in the month end ap/ar open item revaluation mean what/why should we do.plz tell me
thank u
sowmya

Hi
For the month end AP/AR open item revaluation will be done by using TCode F.05 - Valuation of Open Items in ForeignCurrency which identifies and/or adjusts the difference in open items of foreign currency (Say selling to foreign customer or buying from foreign supplier).
Cheers
Srinivas

Foreign currency valuation (new) for vendors and costumers open items

Dear friends,
Is there any option that when i run the foreign currency valuation program (fagl_fc_val) for vendors and costumers open line items not to generate the reverse posting? I have read in the sap library that the reverse posting is optional and the when you pay the invoice the system works the difference out between the valuation and the exchange rate of the payment, but i can not find it in customizing.
thanks in advance
marc

I also like to add that it is best to post reversal because normally the revaluation entry is posted on the last date of the month and the reversal entry is posted on the first day of the following month, which means that the following month will have a new entry on the last date independent of the entry made in the prior month.
The idea of posting the valuation entry is to value the customer and vendor open items which were posted (let us say 3 months ago in a foreign currency) with the latest exchange rate as of the end of the month. This way these payables and receivables stand corrected.
Is there any reason why you don't want to post the reversal entry?

FOREX Valuation for G/L Open Item is not permitted

Dear Gurus,
My client used SAP ECC5, when use tcode FAGL_FC_VAL for G/L Open item error comes with messege "E012-->Postings to G/L accounts with open item management are not permitted", But if I post that G/L Account using post manually by tcode FBB1 there is no problem, So what should i do for this problem ?
For valuation Vendor/Customer Open Item and G/L balance I have no found a problem.
What is configuration should be checked for G/L Open Item valuation?
Thanks
sayid

Hello Pankaj,
Is your adjustment account was defiined as OI management. if yes, then t is generally not permitted to use the O/I managed account as an djustment account. The adjustment account is the same as O/I
managed GL account, so the error message FAGL_POST_SERVICE012 is issued. This is justified because open items must be made valid for ALL ledgers in the client but FAGL_FC_TRANS posts ledger specific posting by having ledger group in the document header - Ledger Grp 0L.
The best solution is to assign non-O/I managed account as an adjustment account, and this is the 'standard' solution.Please also check note 884639.
Best Regards,
Gladys xing

Payment program F110 for Vendor Open Item in Foreign currency

Dear sap Guru
Is it possible to Ensures that no exchange rate differences are posted by the payment
Program? I mean: The amount in the bank posting in local currency does not result from translating the foreign currency amount at the current rate but from the total of the local currency amounts from the settled items.
Best regards
marco

Dear PAtel,
I checked and the ther eis the check box 'No exchange rate differences' anyway during the payment program execution the system is making some recalculation for open item in fc.
Someone knows what is the coloumn "Valuation Difference" in the Dysplay Payment Proposal Open Item list?
regards
marco

Possibility to restrict interest calculation on open items only

Hello All,
How to restrict calculation to Open Items only via configuration when the system calculates interest on arrears. I have checked the options for interest on arrears and there is no option to restrict via customizing.Ofcourse, there is an option to calculate interest on open item in Item interest calculation but looks like the changes made for the item interest calculation (t056UX) will not work here for t056U(calculation on arrears).
In f.2b , It is possible to exclude the cleared documents via dynamic selections as per the SAP note provided long time back. But this is only a work around.
Any suggestions to restrict via configuration for int. on arrears for open items only?
Thanks in advance....

HI!
It's used for Customer Int Calculations.
INTEREST CALCULATIONS
Ob46          Define Interest calculation
Obaa          Prepare A/c balance interest calculation
Oba4          Define Reference Interest Rates
Ob81          Define Time Depend term
Ob83          Enter Interest values
F-52          Interest calculation
          To give Effect for floating rate of Int
          Foreign currency balances revaluation
Ob59          Define valuation methods
regards,
Rup

Interest calculation on open items alone

Hi all,
I want to calculate interest on open items of customers. I dodnot want to include any of the cleared items. i.e., calculation of interest on open items alone.
Could you please explain me where to do the necessary configuration.
Regards,
DSK

HI!
It's used for Customer Int Calculations.
INTEREST CALCULATIONS
Ob46          Define Interest calculation
Obaa          Prepare A/c balance interest calculation
Oba4          Define Reference Interest Rates
Ob81          Define Time Depend term
Ob83          Enter Interest values
F-52          Interest calculation
          To give Effect for floating rate of Int
          Foreign currency balances revaluation
Ob59          Define valuation methods
regards,
Rup

AR Open Item is not showing in Work Lists

Hi,
I have 1 open item in Account Receivables. I have brought all AR items into Collections Management UDM_Collectons. After that i generated Work List. But i am not getting that AR item into Work List. What could be the reason?
Why i am not getting this in to work list?
Please advise..
Thanks

HI ,
First you simulate the customer in UDM_STRATEGY and check whether it is meeting valuation critirea, if not means you need to check transaction data & strategy.
And also, before this check whether data is transfered to UDM_COLL_ITEM table from there only line items are picked & worklist will be created as per strategy.

Change recon account and transfer of Open items from Old recon a/c to New recon a/c.

Hi Gurus,
User want to change recon account for some customer and also wants the open items to be transferred to new recon from old recon account. We follow the following process:
Create a New GL Account for Adjustment Postings
Change the Customer Master Data with regard to new reconciliation account
Update the FI Auto Postings Configuration: Trxn: OBBW (Transaction Key: A00: Transfer postings: changed recon. acct) as under:
Old Reconciliation Account = Adjust Acct xxxx
New Reconciliation Account = Adjust Acct xxxx
4. Run FAGLF101 (ECC 6.0), with the intention, that the Balances / Open Items from OLD Recon would be MOVED to the NEW Recon.
When we execute the last step (4) in “Message” appears the following message:
“Account determination for transaction A00 is missing for account PV PUC
Message no. FR005”.
Where PV corresponds to valuation area and PUC is our chart of account. Furthermore, we run the process of foreign currency valuation at the end of the month.
What configuration is needed, If OBBW and OBA1 already been configured?.
We appreciate any help.Thanks.

Thanks for you answer. The link was helpful; however, today we find a solution to the error. In OBA1 when in the transaction appears a window requesting the chart of account, we chose the valuation area (option yellow arrow) and completed the configuration. With this, i could solve my problem, it was simple.

Valuation of Open Items - US

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